Are you, or do you know, the next Yoshiyama Young Entrepreneur? Did you establish a financially viable business with the intention of offering low-wealth individuals in America a leg up? Have you been in business for 1-5 years? Were you under the age of 30 when you launched your business? If so, you may be eligible for the Yoshiyama Young Entrepreneurs Program.
Yoshiyama Young Entrepreneurs Program identifies and supports inspiring young entrepreneurs whose work helps alleviate domestic poverty. This competitive program is open to entrepreneurs who are operating viable businesses in the United States with the dual purpose of making a difference and making a living. Eligible entrepreneurs must have launched their business before they reached age 30. Their business must be between one and five years old. For complete eligibility requirements see Selection Process.
In addition to a $40,000 grant, the Yoshiyama Young Entrepreneurs Program provides awardees the ingredients they need to succeed, including leadership development, business mentoring, technical assistance and access to a network of peers and advisers.
The 2012 application process has a March 30 deadline.
Applicants must meet ALL of the following 5 requirements to be eligible for the Yoshiyama Program:
- Applicants must be at least 18 years old.
- Applicants must have been 29 years old or younger when their business began generating revenue.
- The business must be 1-5 years old and have been generating revenue for a minimum of the past 12 months.
- The applicant established his/her business with the expressed dual purpose of operating a successful business and creating opportunities for low-wealth individuals in America to enhance their economic security.*
- The business may be structured as a for-profit or non-profit. If the business is a non-profit, it must depend primarily on an earned-income revenue model and not depend solely on donations and grants.
* Strategies that help enhance economic security might include, but are not limited to: management practices including ownership structure, workforce advancement practices, supply-chain protocols, location decisions; developing a product or service that can alter individual and community circumstances such as improving access to education and training protocols, creating greater access to healthy lifestyle and health-care products and services, improving access to asset accumulation such as housing, transportation and marketable credentials for low-wealth individuals.
The Institute for Sustainable Development / Green Plus